While Atlas Tower has built about 90 towers in the U.S. over the past seven years, it also was a busy player in the aggressive push to improve voice and data coverage throughout South Africa. While doing so, it has become a predominant owner of new tower infrastructure in the country. Founder and CEO Nate Foster, speaking from his office in Paarl, South Africa, told Inside Towers yesterday the company on Friday (May 6) completed its 100th tower. The latest structure is in Soweto, a township in the bustling city of Johannesburg.
“South Africa represents a steep departure from our careful and calculated U.S. business model,” said Foster. “We carefully assessed foreign opportunities and came to the conclusion that although South Africa is a complicated market that lacks traditional clarity, it provides us the kind of regulatory environment that we believe drives value.”
In addition to its headquarters in Boulder, the infrastructure specialist also has South African offices in both Paarl and Pretoria. Atlas Tower said it specializes in high quality wireless infrastructure facilities in locations that enhance and improve new and existing wireless networks. The company expects its current pace in South Africa to slow in coming months thanks to aggressive competition and maturing network development.
“We will continue to grow methodically, careful not to breach the walls of anticipation,” Foster said. “We work hard to stay aligned with the core fundamentals of the business, quality site due diligence, and empowering the best staff to make excellent decisions.”